2Q Results a Very Good Base for the Full Year, Says Munich Re’s CFO

The transcript covers a discussion on financial performance, reserve management, and reinsurance strategies. It highlights the impact of negative yields on investments and addresses climate change's influence on risk management. The speaker emphasizes the importance of maintaining stable reserves and adapting to economic and environmental changes.

What was the company's profit in the first half of the year?

• 1.6 billion

• 3.0 billion

• 1.2 billion

• 2.5 billion

What factor contributed to the release of reserves into the P&L?

• Profitable core business

• Increased liabilities

• Decreased investments

• Higher interest rates

How much is the current reserve for the Boeing liability?

• €100 million

• €200 million

• €150 million

• €120 million

What is the company's reinvestment yield in the current quarter?

• 3.0 percentage points

• 2.8 percentage points

• 1.5 percentage points

• 2.2 percentage points

What is the company's approach to handling low interest rates?

• Reducing capital reserves

• Increasing short-term investments

• Ignoring the impact

• Criticizing the policy

What is the company's stance on climate change?

• They are neutral

• They are proactive

• They ignore it

• They deny its impact

How does the company ensure a stable mix in underwriting?

• By diversifying and avoiding overexposure to natural catastrophes

• By focusing on one type of risk

• By reducing overall investments

• By increasing capital reserves